Hubei Viean Automotive Chassis Systems Co., Ltd. was established in Wuhan

Hubei VIE Automotive Chassis Systems Co., Ltd. was recently established in Wuhan with registered capital of RMB 150 million. Its legal representative is Zhao Yongda. VIE Technology and Anhui VIE Auto Parts Co., Ltd. each invested RMB 60 million, representing a 40% stake. Guangxi VIE Automotive Chassis Systems Co., Ltd. invested RMB 30 million, representing a 20% stake.